Posted on 02/23/2017 7:24:50 AM PST by davikkm
“$19,947 Billion = $19.947 Trillion. Get it?”
$19.947 Trillion is the proper way.
Get it?
And during Obamas first 100 days deficit was up 200 billion! This is hugh! MSM is all over this right? /s
“A big typo there. The US debt is measured in TRILLIONS of dollars, not billions!”
$19,947 billion IS $19.95 trillion ..this is how the numbers are stated in government documents.
“$19.947 Trillion is the proper way.
Get it?”
It’s the way the government states the numbers...it’s done to save space on documents.....
GET IT?
Trump is coasting on the Obama economy that was showing improvement when he left office. That’s the real story, don’t believe me, read the Lame Stream Media reports, I’m sure they’ll print it. I see it coming, “Trump lowers the debt, grandma’s social security benefits are now in danger, millions to loose their welfare benefits.”
Not sure how big a deal this is. In the first month or two of every year, when people make their tax payments, the annual deficit disappears and sometimes you see a slight paydown on the debt. Then, in months 4 through 12, it starts plunging again.
Yes, but it's the "low-hanging fruit". The rest will be harder to get.
This is typical Gateway Pundit BS clickbait....he doesn’t show how Trump lowered the debt..it could very well be just a normal ebb and flow...Obama probably didn’t due anything in his first month to make the debt go up by $200 billion either.
This happens almost every year I think. It’s tax time.
The January figure was driven by 2016 Tax Receipts. The first month of any given quarter has a tendency to look good as far a deficit is concerned. That said, in the next few weeks the figure will exceed 20 Trillion. We can then expect the press to suddenly be concerned about the debt. Never mind that half of it was caused by the last Administration. Expect to see words and phases like “unsustainable, debt rating downgrade possible, and dangerous.” Then expect my favorite “woman, children and minorities impacted the worst.” Trumps plans will be characterized as too expensive.
When you’re comparing numbers across orders of magnitude, it can help make clear to use the same term for order of magnitude. Otherwise, your head loses track of the relationship.
$19.947 Trillion vs $12.000 Billion - quick, how do those relate re: orders of magnitude?
Easier to comprehend if you see $19,947 billion vs $12 billion - your brain more naturally grasps the lack of digits in a more relevant/applicable way.
Even better, for this exercise, might be $19.947T vs $0.012T - much easier to grasp how small (yet positive!) the impact is.
Upshot: it’s the proper way if it’s mathematically correct AND helps the reader grasp the magnitude of the numbers involved faster.
Go read “How To Lie With Statistics”. You need to understand how shifting units (like trillion vs billion) is often used to over/under-state the scale of numbers.
Right. How many hangovers had osama had to sleep off by this point in his term?
The National Debt Clock went backwards?
02/21/2017 19,935,316,186,835.78
01/20/2017 19,947,304,555,212.49
Even if he keeps it where it is, it’s a victory.
Just initiating a hiring freeze saves a ton of money. The US Gov hires thousands per month.
“On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion.”
Oops! I copied the wrong sentence in my post #11. This is the one with the typo:
“On January 20, 2017, the US debt was $19.947 billion.”
We got a heads up re Trump saving our tax $’s from two younger relatives.
One is single and has a great job. He gets pounded by the IRS and state of California income taxes. He took his data to his CPA to figure out the latest hit. His CPA was acting a little funny, and he asked what was happening.
His CPA replied, Good news and bad news re President Trump re taxes. He said that if Trump got his tax program passed, not only would our younger relative save on taxes, there would be no need for the CPA as a 6th grader could fill out the new forms. Good news for our relative and not good news for the CPA. The CPA said the good news for everyone but liberal politicians was how Trump was reducing the national debt every day with his EXOs.
Another younger relative is an officer for a large heavy duty construction company. They have cpa’s everywhere. some of the head CPA’s have said that Trump’s EXO’s would reduce paperwork and costs for America’s corporations across the board. They, also, felt that Trumps EXO’s up to now and ones coming where reducing our national debt load with + magnifying impacts. They said that this might not be a good time for young people to go into law school as there would be less need for them. Even more $avings for the companies.
the US Debt stood at $19,947 billion.
______________________________________
That’s TRILLION not mere billion...
The left keeps asking where is Trump getting the money to pay for the wall... to pay for anything he aims to do... He’s going to get it from all the money they are now spending on KEEPING the illegals here... and all the money he is saving with his cuts in any deal he sees that they have already made... they make lousy deals... Trump is known for making the best deals!
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